"The Silent Partners is in the tradition of such landmark volumes as Adolf A. Berle Jr.'s Power Without Property and Joseph A. Livingston's The American Stockholder. It helps set in focus the public policy issues, as well as the economic and legal questions arising from a predominant fact in present-day business life-the shift in ownership of America's corporations from individuals to institutions. This fact is no less significant than the decline of family ownership . and the rise of the publicly owned corporation." Albert J. Kraus, The New York Times
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Among Dr. Baum?s other books are: The Investment Function of Canadian Financial Institutions, (Praeger 1973); The Banks of Canada in the Commonwealth Caribbean: Economic Nationalism and Multinational Enterprises of a Medium Power, (Praeger 1974). He is the author of more than thirty books. He was a professor at Indianapolis Law School, Indiana University; Osgoode Hall Law School, York University.
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